Here are a few polished versions of “Businesses Risk Obsolescence by Retaining Legacy Systems”, depending on how you plan to use it:

As a strong headline

Businesses Risk Obsolescence by Clinging to Legacy Systems

More formal / executive tone

Organizations Face Growing Obsolescence Risks When Retaining Legacy Systems

Thought-leadership / article title

The Hidden Cost of Legacy Systems: How Businesses Risk Obsolescence

Short insight or slide statement

Retaining legacy systems accelerates business obsolescence.

Slightly provocative

Legacy Systems Are Quietly Making Businesses Obsolete

If you’d like, tell me the context (article, presentation slide, LinkedIn post, report title), and I can tailor it exactly to that us

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